The global market for smart fertility trackers accounts for USD 16.18 Billion in 2022. The market is anticipated to grow and surpass a valuation of USD 44.72 Billion by 2032. The industry is expected to grow with a CAGR of 10.7% in the forecast period.
Intelligent fertility trackers eliminate the risk associated with the rhythm method of manual fertility charting, which is infamously ineffective at preventing unintended pregnancies. Without the negative effects of hormone-based birth control pills, the partners can avoid pregnancy with the help of smart fertility trackers.
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Competitive Landscape
The global market for fertility tracker devices is highly consolidated with a handful of players dominating the scene owing to the nascent stage of the market and the high technological intensity of these devices. The developing regions of Asia Pacific, such as India and China, represent an enormous revenue opportunity in the market. China has emerged as a large and cheap base for electronics manufacturing, which is expected to boost the market.
Online distribution and eCommerce segments of the intelligent Fertility Tracker market are expected to drive distribution efficiency, which will be hastened by the emergence of self-educated customers. Technology gains from product development represent the largest value proposition over cost. Product development is another attractive strategy followed by several companies.
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Key Companies Profiled:
Smart Fertility Tracker Market: Segmentation
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